Stewardship
As long-term investors, we see stewardship as a core fiduciary duty and instrumental in delivering sustainable financial returns to our clients.
We combine voting, issuer engagement and public policy advocacy to influence and public policy-makers to help shape sustainable and equitable economies. Promoting good sustainability standards across all types of investments is essential both to upholding our ownership responsibilities, support long-term value creation, thus protecting and enhancing our clients’ interests. Stewardship helps us understand and address issuers’ impacts, risks and opportunities in relation with sustainability factors, therefore contributing to a successful energy transition, healthy ecosystems, and greater equality in our societies, as well as to advancing issuers’ performance on governance, social and environmental topics.
Our approach
Our stewardship approach is built around three complementary levers that help us fulfil our responsibilities as long-term investors:
Voting
We exercise our rights and responsibilities by making considered voting decisions in line with our policy. Voting is core to discharging our fiduciary duty. This, we believe, drives better corporate governance, sustainability practices, and long-term performance.
Engagement
We engage with investees and partners throughout all asset classes, including private assets, with a view to improving their performance on governance and sustainability. Engagement in turn informs our votes and capital allocation decisions, and influences issuers’ eligibility for investment. Most of our engagements are designed to enhance long-term performance by mitigating risk, including global systemic risks and market failures.
Public policy advocacy
We actively engage with regulators and policymakers to help shape the markets in which we invest and the rules that guide and govern company behaviour.
Stewardship in action
Annual general meetings voted in 2025
Engagements conducted in 2025
Issuers engaged with in 2025
Stewardship is central to our role as long-term investors. Through thoughtful voting, constructive engagement, and active public policy advocacy, we seek to support strong governance, responsible business practices and more sustainable outcomes for our clients and the wider society.
Michael Herskovich
Global Head of Stewardship, BNP Paribas Asset Management
Explore our stewardship policies and reports
We are committed to transparency in how we exercise our stewardship responsibilities. Our policies and reports provide clear insight into our approach to governance and voting, as well as engagement, helping clients and stakeholders understand how we seek to promote long-term value and sustainable outcomes.